So I've been reading my textbook for business ethics class and I actually really love it. I might not agree on every aspect but it definitely gives me a lot of food for thought on things I was already thinking about, especially concerning the ethics of wealth distribution.
Whenever me and my parents, namely my mom, start discussing socialistic aspects of economics like with welfare (namely the idea of giving some of yours to those with less), the conversation inevitably reaches a point where my mom will go,
"You might think it's a good idea now, but once you get to be older you're not going to want them taking your money."
Of course, welfare in particular is not a perfect science and is apt to fallacy on the part of both the individuals and the government that should be monitoring them. And normally, at this part of the argument I don't really know what to say. After all, who DOES like giving up their money?
But I think a good question is: Why don't we like the idea of giving up our money? Is there really a difference between having $500 thousand dollars, and $5 million?
What is it about money that makes people equate it to happiness? It's weird the way our culture promotes capitalism and the idea that more money equals more joy. The weird thing is that time and time again, studies show that this isn't true. My book had several examples. For instance, studies of poor people with an income of less than $20,000 "spend a larger portion of their income on charity and are thus happier than are wealthy people who do not contribute as much to charity." After reading this chapter, I was using google news to look up recent articles about happiness, and multiple science and psychology articles backed up everything I read in the book. Helping out- altruism- not only makes people more happy, but helps them to live longer if they do it on a regular basis. (which is sort of ironic- by giving, you get more than the people who never give!)
The book describes how the problem with those who have a lot of money is that they can get into a habit of always wanting more, and so happiness eludes them. An interesting note; of the people in the top third of incomes in the US, "19 percent said they were 'have nots.'" Exactly what does it say when a large portion of the wealthiest class identifies themselves as "not having enough?"
What I also found really interesting is that
"Personal spending was found to be unrelated to happiness, whereas pro-social spending was directly correlated to it." (that was from article quoted below, most else is from book)
When it comes to immediate gratification, TVs market this to people (especially children) in the form of 20,000 commercials a year.
~Also to note: "for every scene depicting sexual intercourse of married partners, the networks showed 14 scenes of sex outside marriage."
Well, that explains something, doesn't it? A lot about the downward spiral of our culture, anyways.
I think that a good way to solve any/all welfare problems would be this: instead of just having certain tax money go towards welfare, for each individual, a specific amount (percentage) should indeed be earmarked for welfare. However, instead of the money just trickling through a bunch of impersonal hands, instead, each person of money should be assigned to a welfare participant in their area and be required to interact with them for 3 hours once a month, or something of the sort.
It would solve the problem of lack of monitoring of where that money goes to, and would also more directly involve the american people in where their money is going; this altruism (if forced) would not only make them happier overall (as all studies so far indicate would happen- when people volunteer), but they would also live longer/less stress/better.
"Researchers have found that doing regular volunteer work, more than any other activity,
dramatically increased life expectancy (and probably vitality). Men who did no volunteer work were two and a half times more likely to die during the study as men who volunteered at least once a week."
It's rather fascinating, the science of happiness. I think that it would be best for ourselves, our country, and the world if we moved away from the egotistic, money-obsessed direction we've been heading in. Quite honestly, no one needs billions of dollars. No one, in the history of the world. Governments maybe, so I guess if you're in a monarchy that sort of counts. Otherwise though... I think we overrate wealth. Having enough to be comfortable and to not worry about basic needs is important, but beyond that, we should be concentrating more on happiness and helping and not worry about whether we have more or less than the next person, and we should really question the ideals we are allowing ourselves and our children to be exposed to.
...yeah this was sort of procrastination because I have an essay to write. heeee. ;3
article about rewards of volunteering-
http://www.baltimoresun.com/health/sns-health-volunteering-rewards,0,177578.story
article about money and how it relates to happiness-
http://www.miamiherald.com/news/more-info/story/1220467.html "People who spend on others were more likely to say they were happy."
about happiness-keeping up with people- Bhutan-
http://dotearth.blogs.nytimes.com/2009/09/06/on-work-wealth-and-well-being/
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